One of the first top-breaks I bought was a .32 DA from 1893. All numbers matched, but the finish was about 10% with quite a bit of pitting. For $75 I figured I couldn't go wrong: if nothing else, it could be a parts donor.
Doing some reading about refinishing blue guns I came across a number of articles praising Brownell's Oxpho-Blue. I decided to buy some and give it a try, and the old .32 figured to be the perfect experiment. I cleaned the gun of oil residue, lightly buffed the metal with 0000 steel wool, and worked in the Oxpho-Blue with cotton balls. Again lightly buffed the metal with 0000 steel wool and worked in a second coat. By this time the gun was a nice even flat blue/black. I was particularly surprised by the trigger guard, which appeared to bare metal. The Oxpho brought out some bluing that I didn't know was there! I gave the gun a final (gentle) polish with steel wool, followed by a clean cloth, and a coat of Renaissance Wax.
While certainly not a high-gloss factory finish, the gun turned out much better than what it originally looked like. I've read that continuing to apply more coats will darken the finish further. My understanding about Oxpho is that it comes out best over existing worn blue, and it certainly looks best on the few spots of original blue on this gun. I have several worn shooters that I'm going to try this on.[